Categories HIGHLIGHTS ANAYSIS: October budget deficits escalate, but targets to be met Atilla YeşiladaPosted on17 November, 2024 Central government budget posted a deficit of 186.3 billionTRY in October. Central government budget deficit … Continue ReadingANAYSIS: October budget deficits escalate, but targets to be met
Categories Economy HIGHLIGHTS Turkey September BoP: Solid surplus to continue, ample financing, but disturbing “unidentified” outflows Atilla YeşiladaPosted on12 November, 2024 Overview We see a strong current account surplus and a healthy financing flows in the … Continue ReadingTurkey September BoP: Solid surplus to continue, ample financing, but disturbing “unidentified” outflows
Categories Business Economy HIGHLIGHTS September industrial production: A mild recovery amidst general pessimism Atilla YeşiladaPosted on12 November, 2024 Tukey’s IP rose on a MoM basis but remains at depressed levels not observed since … Continue ReadingSeptember industrial production: A mild recovery amidst general pessimism
Categories Economy HIGHLIGHTS ANALYSIS: Turkish inflation stickier than molasses Atilla YeşiladaPosted on4 November, 2024 Turkish inflation was reported at 2.9% in October, higher than the market consensus of 2.5%. … Continue ReadingANALYSIS: Turkish inflation stickier than molasses
Categories Economy HIGHLIGHTS What did Nobel prize winner say about Turkish economy’s current state? Cem CetingucPosted on15 October, 202415 October, 2024 ISTANBUL, Feb 28 (Reuters) – (This story is from February 28th, and has repeated with … Continue ReadingWhat did Nobel prize winner say about Turkish economy’s current state?
Categories Economy HIGHLIGHTS Middle East tensions, austerity drive to curtail Turkish GDP growth Atilla YeşiladaPosted on15 October, 2024 Heightened tensions in the Middle East will hinder Türkiye’s efforts to get its ailing economy … Continue ReadingMiddle East tensions, austerity drive to curtail Turkish GDP growth
Categories Atilla Yeşilada Economy HIGHLIGHTS Atilla Yesilada video: Turkish economy sailing into perfect storm | Atilla YeşiladaPosted on14 October, 2024 The performance of the Turkish economy improved vastly, since Mehmet Simsek was appointed … Continue ReadingAtilla Yesilada video: Turkish economy sailing into perfect storm |
Categories Economy HIGHLIGHTS A rare piece of good news: Turkey’s current account deficit shrinks to 1% of GDP Atilla YeşiladaPosted on13 October, 2024 While Mehmet Simsek’s economic stabilization program is yet to achieve any significant progress in terms … Continue ReadingA rare piece of good news: Turkey’s current account deficit shrinks to 1% of GDP
Categories Economy General HIGHLIGHTS IMF on TURKEY: Slower growth, disinflation on the horizon, but many downside risks to economic stability Atilla YeşiladaPosted on12 October, 202412 October, 2024 IMF Executive Board concluded 2024 Article IV Consultation with Türkiye on 27 September, the findings … Continue ReadingIMF on TURKEY: Slower growth, disinflation on the horizon, but many downside risks to economic stability
Categories Economy HIGHLIGHTS Experts warn the government: The war against inflation is not being won Atilla YeşiladaPosted on5 October, 2024 Turkey has experienced spiraling inflation the past two years, peaking at an annual rate of … Continue ReadingExperts warn the government: The war against inflation is not being won
Categories Economy HIGHLIGHTS Inflation outlook: So bad, rate cut expectations may be postponed, CBRT forced to hike its CPI projections Atilla YeşiladaPosted on3 October, 2024 September CPI inflation rate came in at 2.97% MoM, while the annual CPI inflation rate … Continue ReadingInflation outlook: So bad, rate cut expectations may be postponed, CBRT forced to hike its CPI projections
Categories Economy General HIGHLIGHTS Economy czar Simsek: Turkey on her way to single digit inflation Atilla YeşiladaPosted on3 October, 2024 Reaching out to his audience via X, economy czar Simsek stated that annual inflation decreased … Continue ReadingEconomy czar Simsek: Turkey on her way to single digit inflation
Categories Economy HIGHLIGHTS ANALYSIS: Turkey’s new Medium Term Economic Program, will it work? Atilla YeşiladaPosted on12 September, 2024 VP Yilmaz held a conference with the participation of Finance Minister Mehmet Simsek, Central Bank … Continue ReadingANALYSIS: Turkey’s new Medium Term Economic Program, will it work?
Categories Economy HIGHLIGHTS Medium-Term Economic Program projects 3.5% growth for 2024 Cem CetingucPosted on5 September, 20245 September, 2024 Türkiye’s economy is expected to grow by 3.5 percent this year before the GDP expansion accelerates to … Continue ReadingMedium-Term Economic Program projects 3.5% growth for 2024
Categories Economy General HIGHLIGHTS Mehmet Şimşek wows full commitment to disinflation Atilla YeşiladaPosted on5 September, 2024 Şimşek says “In the short term, our main priority is disinflation and price stability”. Minister … Continue ReadingMehmet Şimşek wows full commitment to disinflation
Categories Economy HIGHLIGHTS Turkey’s new Medium Term Economic Program to be unveiled this week, what to expect? Atilla YeşiladaPosted on2 September, 2024 While work to update the Medium Term Program (MTP), which will be the most critical … Continue ReadingTurkey’s new Medium Term Economic Program to be unveiled this week, what to expect?
Categories Economy HYPED ANAYSIS: July budget deficit is worse than meets the eye Atilla YeşiladaPosted on16 August, 2024 The central government budget posted a TL97bn deficit in July, while the 12-month rolling … Continue ReadingANAYSIS: July budget deficit is worse than meets the eye
Categories Economy HIGHLIGHTS Inflation Report ANALYSIS: CBRT maintains its end-2024 CPI inflation forecast at 38% Atilla YeşiladaPosted on8 August, 2024 CBRT kept its inflation forecasts unchanged in today’s third Inflation Report of the year. CBRT’s … Continue ReadingInflation Report ANALYSIS: CBRT maintains its end-2024 CPI inflation forecast at 38%
Categories Economy HIGHLIGHTS Turkey’s first half budget deficit hits $25 bn, on target for the full year estimate Atilla YeşiladaPosted on16 July, 2024 In the first half of 2024, Turkey’s central government budget recorded a deficit of 747.2 … Continue ReadingTurkey’s first half budget deficit hits $25 bn, on target for the full year estimate
Categories Economy Finance HIGHLIGHTS BofA Turkey visit note: 1Q pessimism out summer optimism in Atilla YeşiladaPosted on22 May, 2024 Key takeaways Tighter policy and support for the new economic program has turned both locals … Continue ReadingBofA Turkey visit note: 1Q pessimism out summer optimism in